Muthoot Fincorp Relationship Manager Salaries by 50+ Employees (Updated 2025)

1 - 9 years exp.

₹2.1 Lakhs - ₹5.4 Lakhs

Salary of majority employees

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37% less than the average Relationship Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

Sales & Business Development Relationship Manager Salary 1 - 9 years exp. (17 salaries)	Unlock ₹2.6 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Relationship Manager Salary 4 - 6 years exp. (5 salaries)	Unlock ₹3.2 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 1 - 6 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹3.2 L/yr
Finance & Accounting Relationship Manager Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹3.5 L/yr
Marketing & Communication Relationship Manager Salary 1 - 7 years exp. (3 salaries)	Unlock ₹2.3 L/yr - ₹3.5 L/yr

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Last Updated: 20 Feb 2025

Companies similar to Muthoot Fincorp for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.2k salaries)	Unlock ₹2.1 L/yr - ₹12.5 L/yr 118% more	28 job openings
Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (93 salaries)	Unlock ₹1.6 L/yr - ₹6.3 L/yr 34% more	127 job openings
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ICICI Bank Relationship Manager Salary 0 - 19 years exp. (13k salaries)	Unlock ₹2.5 L/yr - ₹11.5 L/yr 133% more	1 job opening
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.5k salaries)	Unlock ₹1.5 L/yr - ₹10 L/yr 89% more	6 job openings
Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.8k salaries)	Unlock ₹2.5 L/yr - ₹13 L/yr 127% more	8 job openings
Yes Bank Relationship Manager Salary 0 - 15 years exp. (1.1k salaries)	Unlock ₹3 L/yr - ₹13.5 L/yr 143% more	9 job openings
IndusInd Bank Relationship Manager Salary 0 - 15 years exp. (1.4k salaries)	Unlock ₹3 L/yr - ₹12.5 L/yr 147% more	22 job openings
IDFC FIRST Bank Relationship Manager Salary 0 - 13 years exp. (601 salaries)	Unlock ₹2 L/yr - ₹11 L/yr 93% more	8 job openings
Tata Capital Relationship Manager Salary 0 - 11 years exp. (307 salaries)	Unlock ₹4.5 L/yr - ₹16.6 L/yr 203% more	63 job openings
Mahindra Finance Relationship Manager Salary 0 - 10 years exp. (93 salaries)	Unlock ₹2.2 L/yr - ₹6 L/yr 20% more
HDB Financial Services Relationship Manager Salary 0 - 9 years exp. (1.4k salaries)	Unlock ₹1.4 L/yr - ₹4.8 L/yr 4% less	2 job openings
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IIFL Finance Relationship Manager Salary 1 - 8 years exp. (425 salaries)	Unlock ₹1.2 L/yr - ₹6 L/yr 3% more	3 job openings
SMFG India Credit Relationship Manager Salary 0 - 10 years exp. (331 salaries)	Unlock ₹2.4 L/yr - ₹6.6 L/yr 24% more	1 job opening
Kotak Mahindra Prime Relationship Manager Salary 0 - 11 years exp. (269 salaries)	Unlock ₹1.9 L/yr - ₹8 L/yr 25% more
Edelweiss Relationship Manager Salary 0 - 8 years exp. (238 salaries)	Unlock ₹2.2 L/yr - ₹6.3 L/yr 42% more
Sammaan Capital Limited Relationship Manager Salary 1 - 10 years exp. (216 salaries)	Unlock ₹1.8 L/yr - ₹5.5 L/yr 12% more	10 job openings
Capri Global Capital Relationship Manager Salary 0 - 9 years exp. (182 salaries)	Unlock ₹1.4 L/yr - ₹4 L/yr 10% less	2 job openings
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 9 years exp. (173 salaries)	Unlock ₹2 L/yr - ₹6.3 L/yr 9% more
Shriram Finance Relationship Manager Salary 0 - 10 years exp. (151 salaries)	Unlock ₹1.8 L/yr - ₹6.9 L/yr 11% more
Reliance Capital Relationship Manager Salary 0 - 8 years exp. (149 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 6% more	2 job openings

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Relationship Manager salary at Muthoot Fincorp ranges between ₹2.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 50 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Relationship Manager

4d ago

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3 years exp.

4d ago

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2 years exp.

3w ago

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2 years exp.

1mo ago

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6 years exp.

1mo ago

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1 year exp.

1mo ago

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1 year exp.

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6 years exp.

1mo ago

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6 years exp.

3mo ago

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2 years exp.

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5 years exp.

Experience wise Muthoot Fincorp Relationship Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
1 year (5 salaries)	Unlock ₹2.2 L/yr - ₹3.2 L/yr
2 years (7 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.2 L/yr
4 years (14 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr
5 years (8 salaries)	Unlock ₹2.2 L/yr - ₹5.4 L/yr
6 years (8 salaries)	Unlock ₹2.8 L/yr - ₹4.5 L/yr
7 years (3 salaries)	Unlock ₹1.3 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹6.1 L/yr

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Similar Designation salaries in Muthoot Fincorp

Relationship Officer Salary

(77 salaries)

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₹1.05 L/yr - ₹3.5 L/yr

Branch Manager Salary

(731 salaries)

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₹1.25 L/yr - ₹6.35 L/yr

Department Manager Salary

(AmbitionBox Estimate)

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₹22.4 L/yr - ₹28.6 L/yr

Store Manager Salary

(4 salaries)

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₹2 L/yr - ₹10 L/yr

Deputy Manager Salary

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₹2.75 L/yr - ₹7.9 L/yr

Territory Manager Salary

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₹6.74 L/yr - ₹9.59 L/yr

Sales Manager Salary

(61 salaries)

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₹3 L/yr - ₹6.8 L/yr

Area Sales Manager Salary

(15 salaries)

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₹6 L/yr - ₹9.3 L/yr

Area Manager Salary

(218 salaries)

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₹3.2 L/yr - ₹10.1 L/yr

Branch Sales Manager Salary

(16 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

Top skills at Muthoot Fincorp for Relationship Manager

Wealth Management Branch Banking Customer Acquisition Mutual Funds Sales Relationship Management Direct Sales Customer Engagement Relationship Management Retail Branch Banking Wealth Management SIP SFDC Corporate Training Channel Distribution aqua

Salary related reviews for Muthoot Fincorp

4.2

Rated by 28 employees for salary & benefits

Business Development Executive in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

Salary - Good

+6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

Branch Manager in Agra

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

Fix office timing and supportive staff

Skill development - Good

+1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

Branch Manager in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

Salary - Good

+6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

Skill development - Excellent

+4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

Salary - Poor

Business Development Executive in Nellore

Full Time

Sales & Business Development Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

Job security - Poor

+3 more

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Muthoot Fincorp Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Fincorp?

Relationship Manager salary at Muthoot Fincorp in India ranges between ₹2.1 Lakhs to ₹5.4 Lakhs for experience between 1 years to 9 years. According to our estimates it is 37% less than the average Relationship Manager Salary in India. Salary estimates are based on 50 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Relationship Manager at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Relationship Manager at Muthoot Fincorp is 37% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Relationship Manager at Muthoot Fincorp?

Wealth Management, Branch Banking, Customer Acquisition, Mutual Funds Sales and Relationship Management are some of the popular skills required to work as a Relationship Manager at Muthoot Fincorp India.

Which similar companies are paying more than Muthoot Fincorp to a Relationship Manager in India?

Tata Capital Relationship Manager Salary - ₹4.5 Lakhs to ₹16.6 Lakhs per year
IndusInd Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
Yes Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹11.5 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Relationship Manager in companies similar to Muthoot Fincorp in India?

HDFC Bank Relationship Manager Salary - ₹2.1 Lakhs to ₹12.5 Lakhs per year
L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp Relationship Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year

What is the estimated take home salary of a Relationship Manager at Muthoot Fincorp in India?

The estimated take-home salary of a Relationship Manager at Muthoot Fincorp ranges between ₹23,139 per month to ₹24,605 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Relationship Manager salary in India which ranges between ₹2.1 Lakhs to ₹5.4 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Muthoot Fincorp?

According to AmbitionBox, 46% of the Muthoot Fincorp Relationship Managers reported a notice period of 2 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 79 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Relationship Manager Salaries by Location

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Muthoot Fincorp Relationship Manager Salaries

Muthoot Fincorp Relationship Manager salary in India ranges between ₹2.1 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 50 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Relationship Manager salaries in India (Updated 2025)

Companies similar to Muthoot Fincorp for Relationship Manager

Latest annual salaries shared by Muthoot Fincorp Relationship Manager

Experience wise Muthoot Fincorp Relationship Manager salaries

Similar Designation salaries in Muthoot Fincorp

Top skills at Muthoot Fincorp for Relationship Manager

Salary related reviews for Muthoot Fincorp

Business Development Executive in Chennai

Branch Manager in Agra

Branch Manager in Patna

Branch Manager in New Delhi

Business Development Executive in Nellore

Muthoot Fincorp Relationship Manager Salary FAQs

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Muthoot Fincorp Relationship Manager Salaries by Location